The Sage Group plc (LON:SGE) insider Steve Hare purchased 4,468 shares of the business’s stock in a transaction on Thursday, March 14th. The shares were acquired at an average price of GBX 675 ($8.82) per share, for a total transaction of £30,159 ($39,408.08).

SGE stock opened at GBX 675.80 ($8.83) on Friday. The Sage Group plc has a fifty-two week low of GBX 613 ($8.01) and a fifty-two week high of GBX 825.20 ($10.78).

A number of brokerages have issued reports on SGE. Barclays reiterated an “underweight” rating on shares of The Sage Group in a research note on Thursday, December 6th. Deutsche Bank cut their price target on shares of The Sage Group from GBX 540 ($7.06) to GBX 505 ($6.60) and set a “hold” rating on the stock in a research note on Thursday, November 22nd. Bryan, Garnier & Co cut their target price on shares of The Sage Group from GBX 850 ($11.11) to GBX 630 ($8.23) and set a “buy” rating on the stock in a research note on Thursday, January 17th. UBS Group restated a “neutral” rating and set a GBX 590 ($7.71) target price (down from GBX 700 ($9.15)) on shares of The Sage Group in a research note on Monday, November 26th. Finally, JPMorgan Chase & Co. restated a “neutral” rating and set a GBX 560 ($7.32) target price on shares of The Sage Group in a research note on Thursday, November 22nd. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 605 ($7.91).

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About The Sage Group

The Sage Group plc, together with its subsidiaries, provides technology solutions and services. It offers Sage business cloud accounting solution; Sage business cloud financials, a solution that provides real-time source of information; Sage business cloud people, a cloud HR and people system; Sage business cloud enterprise management, a solution for managing the business; and Sage Intacct, a solution for CFOs to access integrated management and financial reports across the business entities.

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